U.S. stocks declined Wednesday, led by a drop in the Nasdaq and technology shares as investors sought defensive sectors. Bank stocks extended losses following mixed earnings and concerns over a proposed credit-card interest rate cap. The Russell 2000 and S&P 500 industrials, however, hit record highs.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants